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HomeStocksBusiness Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)Firstsource Solutions Ltd

Firstsource Solutions Ltd Stock Price Today (NSE: FSL)

Firstsource Solutions Ltd

FSLBusiness Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
₹252.30+₹0.00 (+0.00%)↑
As on 17 Feb 2026, 10:10 am ISTMarket Closed

Fundamental Score

...

Firstsource Solutions Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis

Firstsource Solutions Ltd share price today is ₹252.30, up +0.00% on NSE/BSE as of 17 February 2026. Firstsource Solutions Ltd (FSL) is a Large-cap company in the Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) sector with a market capitalisation of ₹24.63K (Cr). The 52-week high for FSL share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 37.24x, FSL is currently trading above its industry average P/E of 37.24x. The company has a Return on Equity (ROE) of 15.03% and a debt-to-equity ratio of 0.54.

Firstsource Solutions Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
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Volume
0
Change
+0.00%

Returns & Performance

Average

ROE

15.03%
Average

ROCE

15.37%
Excellent

OPM (5Y)

15.71%
Good

Div Yield

1.15%

Firstsource Solutions Ltd Valuation Check

Average

P/E Ratio

37.24x
Poor

Industry P/E

37.24x
Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Market Cap

24.63K (Cr)

Growth Engine

Excellent

Profit Growth (Q)

28.79%
Excellent

Sales Growth (Q)

20.09%
Excellent

Sales Growth (5Y)

14.26%
Good

EPS Growth (5Y)

11.42%
Good

Profit Growth (5Y)

11.84%

Balance Sheet Health

Poor

Debt to Equity

0.54x
Excellent

Int. Coverage

5.93x

Free Cash Flow (5Y)

3.22K (Cr)

Shareholding

Excellent

Promoter

53.66%
Average

FII

9.25%
Excellent

DII

24.63%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Firstsource Solutions Share Price Analysis: A ROCE-Focused Perspective

The Business Process Outsourcing (BPO) landscape is undergoing a significant transformation, with companies increasingly prioritizing specialized, high-value services over commoditized offerings. This shift favors firms demonstrating strong capital allocation and efficient operations. Analyzing Firstsource Solutions share price requires a keen understanding of its profitability relative to its invested capital. Currently trading at ₹290.350006 with a PE ratio of 37.24 and a ROCE of 15.37%, a deeper examination of Firstsource's financial health is warranted.

A key indicator for assessing long-term sustainability is Return on Capital Employed (ROCE). Firstsource's ROCE of 15.37% suggests the company is generating a reasonable return on its investments. This level of efficiency is crucial for building a strong economic moat. A higher ROCE indicates that the company is more efficient at deploying capital, potentially leading to greater competitive advantages and the ability to reinvest profits for future growth. While not explicitly stated, a sustained high ROCE signals pricing power and/or superior operational management.

Comparing Firstsource Solutions with its peers is crucial. For instance, contrasting Firstsource Solutions Ltd with peers like Informed Technologies India Ltd can highlight differences in management quality. If Informed Technologies India Ltd consistently outperforms Firstsource in key operational metrics despite similar market conditions, it may suggest differences in strategic decision-making or operational execution. Further analysis into factors influencing profitability ratios between these firms is warranted. It's important to remember that factors beyond pure operational performance, such as differences in capital structure or accounting practices, could also explain these variations.

Firstsource's 15.37% ROCE is a critical factor in assessing its intrinsic value. This analysis focuses on observational metrics and is part of a comprehensive 80-parameter fundamental audit of Firstsource Solutions Ltd. This analysis has been verified by Sweta Mishra. The purpose is to provide an objective assessment of the company's financial standing based on publicly available data. This analysis does not offer any buy/sell recommendations and should not be interpreted as financial advice.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Firstsource Solutions Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of FSL across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Return on Equity (15.03%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (15.37%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (15.71%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (28.79%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (20.09%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (14.26% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Interest Coverage (5.93x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹3216.78 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (53.66%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 33.88%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

0 factors identified

No significant concerns identified in current analysis.

Firstsource Solutions Ltd Financial Statements

Comprehensive financial data for Firstsource Solutions Ltd including income statement, balance sheet and cash flow

About FSL (Firstsource Solutions Ltd)

Firstsource Solutions Ltd (FSL) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) sector with a current market capitalisation of ₹24.63K (Cr). Firstsource Solutions Ltd has delivered a Return on Equity (ROE) of 15.03% and a ROCE of 15.37%. The debt-to-equity ratio stands at 0.54, reflecting the company's capital structure. Investors tracking FSL share price can monitor key metrics including P/E ratio, promoter holding of 53.66%, and quarterly earnings growth.

Company Details

Symbol:FSL
Industry:Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
Sector:Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
Website:https://www.firstsource.com

Key Leadership

Mr. Ritesh Mohan Idnani
MD, CEO & Executive Director
Mr. Sohit Brahmawar
President & Chief Operating Officer
Mr. Dinesh Jain
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date
2025-02-21

Latest News

Firstsource and Guidehealth Partner to Accelerate AI-Enabled Value-Based Care Innovation for Health Plans
Yahoo/Google• 8/13/2025

FSL Share Price: Frequently Asked Questions

What is the current share price of Firstsource Solutions Ltd (FSL)?

As of 17 Feb 2026, 10:10 am IST, Firstsource Solutions Ltd share price is ₹252.30. The FSL stock has a market capitalisation of ₹24.63K (Cr) on NSE/BSE.

Is FSL share price Overvalued or Undervalued?

FSL share price is currently trading at a P/E ratio of 37.24x, compared to the industry average of 37.24x. Based on this relative valuation, the Firstsource Solutions Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of FSL share price?

The 52-week high of FSL share price is ₹N/A and the 52-week low is ₹N/A.

What factors affect the Firstsource Solutions Ltd share price?

Key factors influencing FSL share price include quarterly earnings growth (Sales Growth: 20.09%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Firstsource Solutions Ltd a good stock for long-term investment?

Firstsource Solutions Ltd shows a 5-year Profit Growth of 11.84% and an ROE of 15.03%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.54 before investing in FSL shares.

How does Firstsource Solutions Ltd compare with its industry peers?

Firstsource Solutions Ltd competes with major peers in the Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO). Investors should compare FSL share price P/E of 37.24x and ROE of 15.03% against the industry averages to determine competitive standing.

What is the P/E ratio of FSL and what does it mean?

FSL share price has a P/E ratio of 37.24x compared to the industry average of 37.24x. Investors pay ₹37 for every ₹1 of annual earnings.

How is FSL performing according to Bull Run's analysis?

FSL has a Bull Run fundamental score of 59.8/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does FSL belong to?

FSL operates in the Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) industry. This classification helps understand the competitive landscape and sector-specific trends affecting Firstsource Solutions Ltd share price.

What is Return on Equity (ROE) and why is it important for FSL?

FSL has an ROE of 15.03%, which indicates excellent management efficiency. ROE measures how efficiently Firstsource Solutions Ltd generates profits from shareholders capital.

How is FSL debt-to-equity ratio and what does it indicate?

FSL has a debt-to-equity ratio of 0.54, which indicates moderate leverage that should be monitored.

What is FSL dividend yield and is it a good dividend stock?

FSL offers a dividend yield of 1.15%, meaning you receive ₹1.15 annual dividend for every ₹100 invested in Firstsource Solutions Ltd shares.

How has FSL share price grown over the past 5 years?

FSL has achieved 5-year growth rates of: Sales Growth 14.26%, Profit Growth 11.84%, and EPS Growth 11.42%.

What is the promoter holding in FSL and why does it matter?

Promoters hold 53.66% of FSL shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Firstsource Solutions Ltd.

What is FSL market capitalisation category?

FSL has a market capitalisation of ₹24630 crores, placing it in the Large-cap category.

How volatile is FSL stock?

FSL has a beta of N/A. A beta > 1 suggests the Firstsource Solutions Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is FSL operating profit margin trend?

FSL has a 5-year average Operating Profit Margin (OPM) of 15.71%, indicating the company's operational efficiency.

How is FSL quarterly performance?

Recent quarterly performance shows Firstsource Solutions Ltd YoY Sales Growth of 20.09% and YoY Profit Growth of 28.79%.

What is the institutional holding pattern in FSL?

FSL has FII holding of 9.25% and DII holding of 24.63%. Significant institutional holding often suggests professional confidence in the Firstsource Solutions Ltd stock.

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